Short conversation (YouTube #shorts) between Ryan Daniel Moran and another speaker about treating the next 2–3 years as an "accumulation" period: planting seeds, working hard, building a long time horizon, delaying large purchases, hiring staff, and preparing a war chest to take advantage of discounted opportunities when markets improve.
Chapters
I view the next two to three years as an accumulation period where I want to plant seeds, work like hell and wait, have a really long time horizon. I want to start new things. I want to buy things at a discount.
I had three new staff members in the last 90 days. Okay, so I'm not. Because I'm actually. You know the old saying, when it's when it's when things look the toughest is the time you got to basically accumulate money. So, like right now, Ryan, I'm working harder than I've worked in 10 years. It's a really hard environment to raise money. Investors are nervous. They're scared, rightfully so. A lot of uncertainty. And this is the time that you have to accumulate investors, which is why I just hired three more people. I see it's not the time to buy, but it's the time to be ready, and you have to have your war chest ready to go.